I wish I could do this one in Spanish, but it will be in English. The preliminary program for the meeting is here. Register for it here.
by Marion Nestle
May
26
2008
Movie tickets: an indicator of the food economy?
Movie tickets are expected to rise by 30% this year, says the May 19 Advertising Age. Why? Popcorn, of all things. The price of popcorn is rising; popcorn accounts for 45% of movie concession sales; and concession sales account for 25% of movie theater revenues on average and 40% of the revenues at smaller ones. This year’s popcorn crop is down 10% because of the corn-for-ethanol fiasco, and the price of cooking oil is up by 24%. Oh. And the paper tubs now cost more than the popcorn itself. Who knew?